1115 E Madison St, Ely, MN 55731
OFF MARKET

$299,100

Trulia Estimate
  • 4 Beds
  • 2.5 Baths
  • 1,821 sqft (on 0.32 acres)

1115 E Madison St, Ely, MN 55731

Est. Refi. Payment $1,961/mo*
Refinance Your Home
Currently Off Market - Sold May 30, 2025 for $290,000

Home Value

Trulia Estimate
$299K
Since last month
Increased$1K (+0.4%)
Since last year
Increased$6K (+2%)
Since last sale
Increased$9K (+3.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +249% in the last 10 years
MonthEstimated value
2026
September 2026$299K
August 2026$298K
July 2026$298K
June 2026$302K
May 2026$299K
April 2026$309K
March 2026$308K
February 2026$303K
January 2026$306K
2025
2024
2023
2022
2021
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1151 E Camp St, Ely, MN
0.08
Single-Family Home
$221,000
02/19/26
3
3
1,975
1027 E Chapman St, Ely, MN
0.21
Single-Family Home
$180,500
10/15/25
4
2
1,496
954 E Camp St, Ely, MN
0.17
Single-Family Home
$150,000
09/17/26
4
2
1,450
1239 E Washington St, Ely, MN
0.14
Single-Family Home
$234,000
05/04/26
3
1
1,160
1419 E Chapman St, Ely, MN
0.29
Single-Family Home
$249,000
07/29/26
3
1.5
1,480
1505 E Harvey St, Ely, MN
0.37
Single-Family Home
$265,000
08/27/26
3
2
2,128
246 N 5th Ave E, Ely, MN
0.44
Single-Family Home
$165,500
05/01/26
3
1.5
1,346
313 E Chapman St, Ely, MN
0.62
Single-Family Home
$216,000
03/02/26
4
2.5
1,824
124 S 14th Ave E, Ely, MN
0.37
Single-Family Home
$210,000
10/09/25
3
1
1,186

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1127 E Madison St, Ely, MN 55731
0.02
$214,300
3
2.5
1,354
Off Market
1111 E Camp St, Ely, MN 55731
0.07
$169,000
3
1
1,238
For Sale
1145 E Camp St, Ely, MN 55731
0.08
$203,300
3
2
1,800
Off Market
1151 E Camp St, Ely, MN 55731
0.08
$221,000
3
3
1,975
Recently Sold
1203 E Camp St, Saint Ely, MN 55731
0.10
$170,000
2
1
-
Off Market
1211 E Camp St, Ely, MN 55731
0.11
$160,000
2
1
1,064
For Sale
1004 Madison St, Ely, MN 55731
0.10
$186,500
2
2
1,650
Off Market
1229 E Sheridan St, Ely, MN 55731
0.15
$154,900
2
1.5
1,012
Recently Sold
1003 E Camp St, Ely, MN 55731
0.12
$229,400
2
2
1,936
Off Market
1020 E Camp St, Ely, MN 55731
0.13
$144,000
3
1
1,050
Off Market

Local Information

  • Map ViewExplore the area around 1115 E Madison St.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1920
0.32 acre lot
1,821 sqft
$164/sqft
Garage

About this House

Spacious and sunny 4 Bedroom 2.5 Bath home situated on a beautifully wooded corner lot on a quiet in-town street. The lot is comprised of 4 south and west facing city lots, there is plenty of room for all of your outdoor fun. The main level is an open concept with generously sized living room, a free standing pellet stove, new carpeting, and tiled entry floor. The updated kitchen is functional and tastefully finished with darker wood cabinets, and stainless appliances. With patio doors leading to a large private deck surrounded by trees and established gardens, the dining area is a perfect extension of the kitchen. Also located on the main level is the laundry room with walls of windows that could be transformed into a 4 season sunroom. Finishing off the main level is a conveniently located half bath. Access the upstairs via dual staircases with classic banisters and new carpeting located on the west and east sides of the living room. The primary ensuite bedroom has a 8 x 8 walk in closet, and 3/4 bath while the additional three bedrooms share a full bath. All of the bedrooms feature new carpeting and there is new paint throughout. The entire house has large windows that capture the natural light and gorgeous features of the uniquely large yard. Open unfinished basement with taller ceilings and a dry electric sauna. Outside features include a charming 8 x 29 front porch, mature trees, perennials, and a 4-stall detached garage with 2 sets of double automatic doors and additional single manual door on the back side.
1115 E Madison St, Ely, MN 55731 is a 4 bedroom, 3 bathroom, 1,821 sqft single-family home built in 1920. It last sold for $290,000 on May 30, 2025 (3% below the $299,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $299,100, with a rent estimate of $2,253/month.
Last check for updates: about 22 hours ago
Listed by Patricia Bulinski, (218) 349-5595
Bear Island Realty LLC
Bought with: Julian Rasmusson, (651) 270-8911, Z' Up North Realty
Source: Lake Superior Area Realtors as distributed by MLS GRID, MLS#6114714

Home Details for 1115 E Madison St

Interior Features

Interior Details
Basement: Full,Utility RoomNumber of Rooms: 12Types of Rooms: Bedroom, Bathroom, Dining Room, Kitchen, Laundry, Living Room, Three Season Porch
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 1Number of Bathrooms (three quarters): 1Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 1821 Square FeetFoundation Area: 1024
Appliances & Utilities
Appliances: Dishwasher, Microwave, Range, RefrigeratorDishwasherMicrowaveRefrigerator
Heating & Cooling
Heating: Boiler,Hot Water,Propane,PelletHas HeatingHeating Fuel: Boiler
Fireplace & Spa
Fireplace: PelletHas a Fireplace
Gas & Electric
Electric: City Of Ely
Levels, Entrance, & Accessibility
Number of Stories: 2
View
No View

Exterior Features

Exterior Home Features
Roof: MetalVegetation: Heavily WoodedFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 4Number of Covered Spaces: 4No CarportHas a GarageNo Attached GarageParking Spaces: 4Parking: Detached
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 1821 Square Feet

Days on Market

Cumulative Days on Market: 298

Property Information

Year Built
Year Built: 1920
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: Stucco, Frame/Wood
Property Information
Condition: Previously OwnedParcel Number: 030020001850

Price & Status

Price
List Price: $299,000
Status Change & Dates
Off Market Date: Sun Apr 27 2025Possession Timing: Close Of Escrow

Active Status

MLS Status: SOLD

Location

Direction & Address
City: Ely
School Information
High School District: Ely #696

HOA

No HOA

Lot Information

Lot Area: 0.32 acres

Offer

Listing Terms: Cash, Conventional

Miscellaneous

BasementMls Number: 6114714Attribution Contact: ***Above Grade Unfinished Area: 1821

Price and Tax history

DateEventPrice
May 30, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114714
Sold
$290,000
May 6, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114714
Pending
$299,000
May 6, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114714
PendingToActive
$299,000
Mar 9, 2025
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114714
Contingent
$299,000
Jul 3, 2024
Source: Lake Superior Area Realtors as distributed by MLS GRID #6114714
Listed For Sale
$299,000

Market trends in Ely

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
103
5MoM

Around this home

What Locals Say about Ely

At least 8 Trulia users voted on each feature.

  • 93 % Say there's wildlife

  • 90 % Say kids play outside

  • 89 % Say car is needed

  • 88 % Say parking is easy

  • 86 % Say it's quiet

  • 83 % Say yards are well-kept

  • 83 % Say it's dog friendly

  • 80 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 77 % Say it's walkable to restaurants

  • 75 % Say there are sidewalks

  • 73 % Say streets are well-lit

  • 72 % Say neighbors are friendly

  • 69 % Say it's walkable to grocery stores

  • 45 % Say there are community events

  • 36 % Say they plan to stay for at least 5 years

Sourced by Trulia users. Learn more about our methodology.
  • Mavericksells
    "Ely is surrounded by forests and it’s a lovely, peaceful place to reside. There are wonderful restaurants, shops, a great movie theater and a variety of outdoor activities to choose from year round. "
    0
    Flag
  • Derek H.
    "Ely is located at the end of the road. No roads go to much further north due to the boundary waters canoe area which strictly prohibits dwellings or any man made structures. Ely can seem like a long way from anywhere at times and the community recognizes this and most willing are willing to help whoever and whenever the need may arise. We take care of our own and then some . "
    7
    Flag
  • Jennifer P.
    "Don't move here if you don't like being out in the woods. ppl on this town take care of each other. even if you're new. as long as you show you want to be part of Ely. "
    0
    Flag
  • Jennifer P.
    "as a new comer to ely try to get into activities around town, especially if you have younger children who are not school age. jobs are not always easy to find and though the cost of living is fairly low you do money can get tight quickly. ely is a nice town but it's hard on you too. more work for less. your kids are safe here but still know who you're talking to before hand."
    3
    Flag
  • Rvhall
    "There is no public transport in this neighborhood , but Arrowhead transport does run in town for a nominal fee and there are weekly trips to Virginia Mn."
    0
    Flag
  • Lora L.
    "We have cab service and in town bus service. It’s a 25 block walk from first place in town to last. Generally, the city park,police,fire,library dot,and shopping district are within 8 blocks from anywhere."
    0
    Flag

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026-09-19 23:52:09 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Click here for more information

Frequently asked questions about 1115 E Madison St

  • What is 1115 E Madison St estimated to be worth?
    Trulia's estimated value for 1115 E Madison St in Ely, MN is $299,100.
  • What is the price history for 1115 E Madison St?
    1115 E Madison St in Ely, MN last sold for $290,000 in May 2025.
  • Is Ely a buyer's or seller's market?
    Ely is currently a buyer's market, based on recent for-sale activity.
  • What do residents say about Ely?
    Residents describe Ely, MN as easy to park in, quiet, and well-kept. Most residents say you need a car. See recently sold homes in Ely, MN.
  • Does 1115 E Madison St have laundry facilities?
    Yes, 1115 E Madison St in Ely, MN has laundry facilities.
  • How big is the lot at 1115 E Madison St?
    The lot at 1115 E Madison St in Ely, MN is about 0.32 acres (13,939 sq ft).

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